Especially in this environment.

The lending laws in NH were changed at about the same time that Dodd Frank was passed, and the regulators responded to our own version of Bernie Madoff.  

Most in this community signed up for the reason it was created: to learn in an environment conducive to learning.

Baltimore City has a different set of regulations. 

I suspect the SEC would see this as a security offering so it would need to follow the SEC regulations.

But we have learned a lot about reserves (banks may not extend loans on buildings without reserves), the value of being pre-approved for a loan, scrutinizing condo regulations carefully, and, especially, working with a realtor you can trust.For orderly thinking people like accountants, the entire real estate business can be rather tortuous and exasperating but fortunately for me my husband is in sales so he "gets" that side of the process so that I can concentrate on running the numbers. 

Not only do you get to see the house, but you get to interview the agent in a friendly environment.

There are a ton of consumer protections, and now you're a mortgage servicer in the most over-regulated era of the mortgage industry in all of human history.

So I had to change strategy based on the environment.

Through advice given to others and lessons learned, y'all have helped me build a fairly solid list of rules/regulations for my future 4-plex.